Polish 10-year yields jump to 18 month high on pension change

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POLAND - Polish bonds fell for a fifth day, pushing yields on 10-year debt to a one and a half year high, on government plans to cut the portion of workers' contributions to private pensions and on bets the central bank will raise interest rates next week.

The yield on zloty bonds maturing in October 2020 increased 3 basis points to 6.38% as of 12:58pm. in Warsaw, extending this week's climb to 19 basis points and reaching the highest since June 26, ...

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